First Watch Restaurant (FWRG) Cash & Current Investments (2020 - 2026)
First Watch Restaurant (FWRG) reported Cash & Current Investments of $21.07 million for Q3 2026, up 1.7% from $20.71 million a year earlier and up 2.8% from the prior quarter.
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Analysis
First Watch Restaurant (FWRG) Cash & Current Investments (2020 - 2026) Analysis & Trends
At the end of FY2025, First Watch Restaurant posted Cash & Current Investments of $21.25 million, down 36.2% from FY2024.
- Cash & Current Investments has declined for four consecutive years, with a five-year compound annual growth rate of -11.4% (FY2020 to FY2025).
- By year, Cash & Current Investments came in at $33.31 million in FY2024 (-32.9%), $49.63 million in FY2023 (-0.1%), $49.67 million in FY2022 (-4.2%) and $51.86 million in FY2021 (+33.5%).
- Five-year quarterly Cash & Current Investments spans a low of $18.61 million in Q1 2025 and a high of $66.77 million in Q2 2023.
- Year over year, Cash & Current Investments has now increased in each of the last three quarters, with an average decline of 26.0% over the last eight quarters.
- The high point for year-over-year Cash & Current Investments in five years was Q4 2021 (growth of 33.5%); the low point was Q3 2025 (a decline of 59.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $20.49 million (Q2 2026), $23.57 million (Q1 2026) and $21.25 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn | 1.19 Bn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - | - |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - | 902.56 Mn |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn | 2.11 Bn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn | 974.00 Mn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn | 220.50 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 974.00 Mn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn | 1.67 Bn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn | 141.41 Mn |
| 10 | First Watch Restaurant | 829.60 Mn | 743.24 Mn | 3.14 Mn | 21.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 27, 2026 | 21.07 Mn |
| Jun 28, 2026 | 20.49 Mn |
| Mar 29, 2026 | 23.57 Mn |
| Dec 28, 2025 | 21.25 Mn |
| Sep 28, 2025 | 20.71 Mn |
| Jun 29, 2025 | 19.18 Mn |
| Mar 30, 2025 | 18.61 Mn |
| Dec 29, 2024 | 33.31 Mn |
| Sep 29, 2024 | 51.13 Mn |
| Jun 30, 2024 | 45.10 Mn |
| Mar 31, 2024 | 43.25 Mn |
| Dec 31, 2023 | 49.63 Mn |
| Sep 24, 2023 | 39.92 Mn |
| Jun 25, 2023 | 66.77 Mn |
| Mar 26, 2023 | 54.42 Mn |
| Dec 25, 2022 | 49.67 Mn |
| Sep 25, 2022 | 49.37 Mn |
| Jun 26, 2022 | 53.57 Mn |
| Mar 27, 2022 | 46.52 Mn |
| Dec 26, 2021 | 51.86 Mn |
API Access
First Watch Restaurant Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=FWRG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "FWRG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=FWRG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();